Tuesday, October 28, 2008

10am prints at key resistance 868/8350/1200

well the market tried again to achieve the magnet at 884/8440/1208 and did before the 10am news was issued

now the market is on the key 854 low hour from 10/10 which lots of folks have been calling the BOTTOM for a few days (840 cash)

rode the emini short down from 868 t0 860 and looking to buy the upcross through 860 if it comes

otherwise the hourly charts are looking like a Gap and crap turnaround tuesday is being unfolded with the last hour a possible spike to the "bottom"

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3026812

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID1606987&cmd=show[s67036679]&disp=O

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